Nobel Laureates

UC Berkeley's Nobel Prize-Winning Economists

Haas School Professor Oliver Williamson with the other two living UC Berkeley professors who have won the Nobel Prize in Economics: Daniel McFadden (standing), 2000 winner, and George Akerlof (left), 2001 winner, both from the Economics Department.

McFadden was recognized for his econometric methods for studying behavioral patterns in individual decision-making.

Akerlof broke with established economic theory in illustrating how markets malfunction when buyers and sellers have access to different information.